ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
About six weeks have passed since Apple printed an apparent bottom in the wake of the tumultuous trading surrounding its April earnings report. With the benefit of hindsight, I think it is worthwhile to look back at some important highlights to consider whether this bottom is a sustainable one and what the prospects might be … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more
In previous pieces, I have noted how traders and investors continued to load up on call options on Apple (AAPL) despite its persistent decline off all-time highs (for example see “Bullish Earnings Trading Patterns and Sentiment Collide With Apple’s Recent Downtrend“). It seems sentiment has finally taken a dramatic turn commensurate with the dramatic turn … Read more